Business
Commences Drilling, Hammaslahti Copper Project
Commences Drilling, Hammaslahti Copper Project.
About this update from 80 Mile Plc
[{"type":"text","content":"\n \nRNS Number : 9712U FinnAust Mining PLC 09 December 2013 \n \n\nFinnAust Mining plc / EPIC: FAM / Market: AIM / Sector: Mining\n9 December 2013\nFinnAust Mining plc ('FinnAust Mining' or 'the Company')\n(formerly Centurion Resources plc)\nCommences Drilling Campaign at the Hammaslahti Copper Project, Finland\n \nFinnAust Mining plc, an exploration company with several highly prospective projects in Finland, is pleased to announce that drilling has commenced at the Hammaslahti Copper Project in southern Finland. \n \nThe initiation of drilling at Hammaslahti represents the beginning of a near continuous 10,300m 11 month rolling drilling campaign across three high-priority copper-gold and nickel-copper-PGE projects; namely Hammaslahti, Outokumpu and Enonkoski. FinnAust Mining is fully funded to complete this programme and is exploring for high-grade magmatic and VMS-style mineral deposits.\n \nFinnAust Mining's Executive Director, Alastair Clayton said, \"Since the transaction was approved by shareholders on 29 November 2013 we have initiated and completed a detailed slingram ground-based geophysical survey at Hammaslahti to determine the exact drill hole locations for the programme. Having spent several days reviewing the results with our team of geologists and geophysicists in Finland I am pleased to announce we have commenced drilling. We look forward to updating shareholders systematically and periodically as results come to hand.\"\n \n**ENDS**\n \nContact details:\n\n\n\n\nAlastair Clayton\n\n\nFinnAust Mining plc\n\n\n+ 44 (0) 20 3326 1729\n\n\n\n\nEwan Leggat\n\n\nSP Angel Corporate Finance LLP\nNominated Adviser and Joint Broker\n\n\n+44 (0) 20 3463 2260\n\n\n\n\nLaura Littley\n\n\nSP Angel Corporate Finance LLP\n\n\n+44 (0) 20 3463 2260\n\n\n\n\nLindsay Mair\n\n\nSanlam Securities UK\nJoint Broker\n\n\n+44 (0) 20 7628 2200\n\n\n\n\nCatherine Miles\n\n\nSanlam Securities UK\n\n\n+44 (0) 20 7628 2200\n\n\n\n\nElisabeth Cowell\n\n\nSt Brides Media and Finance Ltd\n\n\n+44 (0) 20 7236 1177\n\n\n\n\nCharlotte Heap\n\n\nSt Brides Media and Finance Ltd\n\n\n+44 (0) 20 7236 1177\n\n\n\n\n \n \nNotes \n \nFinnAust Mining is an AIM listed exploration company focused on copper and base metals in Finland and Austria. Its proven management team, with its track record of ex...